CT Private Equity Trust (LON:CTPE) Trading Up 0.6% – Still a Buy?

CT Private Equity Trust PLC (LON:CTPE)’s share price shot up 0.6% on Friday . The stock traded as high as GBX 473 and last traded at GBX 471. Approximately 85,929 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 99,040 shares. The stock had previously closed at GBX 468.

CT Private Equity Trust Price Performance

The company’s 50-day simple moving average is GBX 490.06 and its 200-day simple moving average is GBX 485.08. The company has a debt-to-equity ratio of 23.96, a current ratio of 6.25 and a quick ratio of 0.62. The stock has a market capitalization of £335.93 million, a price-to-earnings ratio of 9.60 and a beta of 0.90.

CT Private Equity Trust (LON:CTPE) last posted its earnings results on Friday, August 28th. The company reported GBX 0.70 EPS for the quarter. CT Private Equity Trust had a return on equity of 7.01% and a net margin of 73.44%.

CT Private Equity Trust Company Profile

We invest in high-quality smaller and mid-sized private companies selected by experienced Private Equity managers, mainly across the UK and Europe, that typically demonstrate strong growth, profitability, and sound management. Our diversified strategy means that we are invested in over 500 companies with 50 carefully selected PE managers, reducing risk and helping us find the best small and mid-size growth companies.

Our fund manager, Hamish Mair, has managed the trust’s investments since launch over 25 years ago.